AGOURA HILLS, Calif. (June 21) -- Interthinx®,
Inc. (
www.interthinx.com),
the leading provider of risk mitigation and regulatory compliance
tools for the mortgage industry, has garnered 13 awards
in video/film achievement for its free mortgage fraud detection
training film, FSISM:Fraud Scheme Investigation. The innovative
and timely project has won national Telly, Aurora, Communicator
and Addy Awards for categories such as "Issue Awareness,"
"Training," "Public Service," "Writing,"
"Directing," "Editing" and "Cinematography."
Additionally, FSI was an "Official Selection"
for the World of Comedy Film Festival in Toronto, a rare
acknowledgement for a training DVD.
"The current mortgage market and sub prime collapse
illustrates a need for improved and effective mortgage fraud
detection training tools. FSI was purposely created as a
parody of a popular primetime, crime scene investigation
television series and inspired by actual events to yield
maximum viewer learning retention," noted Mike Zwerner,
senior vice president of business development and marketing
for Interthinx.
The film focuses on an illegal property flipping case
and provides 25 "DVD Chapters" for training
on other types of mortgage fraud scams. "We're certainly
thrilled to receive the accolades from professional judges,
but we're even more excited about the number of DVD requests,
the massive acceptance and implementation of FSI training
by lenders, investors and law enforcement agencies across
the country," continued Mr. Zwerner. "Fraud
is no doubt a component in the sub prime market collapse.
Let's hope this component will be mitigated going forward
thanks to tools like FSI, future training films produced
by Interthinx and predictive technologies provided by
Interthinx."
"The challenge for training departments is how to
effectively grab the attention of today's employees to
convey the importance of the material," said Karen
Shreve, executive vice president, Flagstar Bancorp. "How
do you discuss 'taboo' topics, such as social pressure,
sales and business pressures, and use of the word 'fraud'
in the workplace? The answer is FSI, which Flagstar has
found extremely effective."
In today's volatile market, mortgage companies need smarter
interception strategies to combat increasing fraud. Financial
institutions around the country have requested more than
1700 FSI DVD's. In addition, various local and Federal
authorities, Government Sponsored Enterprises (GSE's),
law offices, and private investigators have requested
the award-winning film. Overwhelming support for the film
has also been demonstrated by 80 supporting nominations
from third parties and industry professionals for Mortgage
Technology Magazine's "Steve Fraser Award",
bestowed upon an outstanding mortgage technology innovator,
visionary or evangelizer.
For more information, visit www.FSIMovie.com
SOURCE: Interthinx Inc.